The Wall Street Journal, Bloomberg News, the Business section of the New York Times and Washington Post ignored this bombshell story… Read More Federal Bank Regulator Drops a Bombshell as Corporate Media Snoozes
Where did all the workers go?… Read More The Dark Underbelly of Spain’s Jobs Recovery
After decades of fuelling bubbles in stock markets, real estate and commodities, banks — particularly investment banks — have run out of ways to make money… Read More Mark Blyth–“The Business Model of Investment Banking is Bust”
Only two things keep these banks alive: “a State willing to support them and a regulator that does not declare them insolvent”… Read More Many European Banks Would Collapse Without Regulators’ Help: Fitch
Bank investors don’t like not getting bailed out. Now they’re worrying it could happen again… Read More Is Another Spanish Bank about to Bite the Dust?
If you prefer fake news, fake data, and a fake narrative about an improving economy and stock market headed to 30,000, don’t read this fact based, reality check article… Read More Stupid Is As Stupid Does
As the U.S gets wealthier, it is also getting steadily more unequal in wealth per adult… Read More U.S. Has Worst Wealth Inequality of Any Rich Nation, and It’s Not Even Close
The American Society of Civil Engineers has just released their quadrennial assessment of United States essential infrastructure–roads, clean water supplies, levees, ports, dams, bridges, electric grid. The report gives the nation a near-failing D+ grade.… Read More The Crumbling American Superpower
We are living during the greatest debt bubble in the history of the world, and our financial engineers have got to keep figuring out ways to keep it growing much faster than global GDP because if it ever stops growing it will burst and destroy the entire global financial system… Read More $21,714 For Every Man, Woman And Child In The World – This Global Debt Bomb Is Ready To Explode
When Trump was running for office, stocks were headed for another thundering crash. But now that he’s president, Happy Days Are Here Again. The question is: Which Trump do we believe? Are stocks in a bubble or not?… Read More Trump Flip-Flops on Bubblemaking
Income and wealth inequality are rising sharply, and capital is pulling far ahead of labor, which is creating a vast and quickly-widening divide between the classes… Read More The Coming Class Wars
Political economist Mark Blyth explains what austerity is and what it means for the people exposed to it. … Read More Economist Who Predicted Trump & Brexit Explains How System Screws You
